QUOTE(dembaba9000 @ Sep 25 2015, 11:19 AM)
No right or wrong actually, turning USD100 to USD1000 is not complicated,seasoned traders can do that... even higher you just need to see to believe it
It's DOable and possible
Forex Version XVI, Foreign Exchange Market Discussion
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Sep 25 2015, 11:25 AM
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747 posts Joined: Aug 2010 From: KL |
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Sep 25 2015, 11:31 AM
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Sep 25 2015, 11:37 AM
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QUOTE(wayfeel @ Sep 25 2015, 11:23 AM) ic. ok. but we're just discussing ok. Its margin matters..the reason why im sharing this is i want to compare what i see, fact, to other ppl knowledge and experience if how my fren trade (in my argument) is good enough strategy or not so i can benefit from your perspective vs mine the equity maybe arguable la but im telling is really fact. he gains high pips win ,imo, because he trades all pairs...we call him king of pairs because he has 10-20 pairs w 10-20 po , at any time...so reverse calculate the high pip wins is not unrealistic, roughly 100-200pp /pair (?) 0.01 as starting and gradually proportionately increase, i don see this as high allocation per trade 10-20 position with 0.03.. pending oreder another 10-20 position.. if 10 position oredi float 30pips each = usd 90 floating... so 1 high news can dapao the account of 1000usd..with all pending order oso activated.. This strategy is like playing big small in breaking smaller bets in different table.. |
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Sep 25 2015, 11:57 AM
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QUOTE(KeroroQ @ Sep 25 2015, 11:25 AM) No right or wrong actually, turning USD100 to USD1000 is not complicated, I wont deny, but how long does it take to make 1000% growth will be my concern?seasoned traders can do that... even higher you just need to see to believe it It's DOable and possible Coz judging by ur logic, USD 100 to USD 1,000 is doable & not complicated, USD 1,000 to USD 10,000 is also possible & not complicated, very soon this trader will make billions. |
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Sep 25 2015, 12:07 PM
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1,567 posts Joined: Nov 2005 From: Ppg, Sbh. |
QUOTE(9kingsir @ Sep 25 2015, 10:27 AM) pretty safe to short now QUOTE(KeroroQ @ Sep 25 2015, 11:25 AM) No right or wrong actually, turning USD100 to USD1000 is not complicated, i just wonder if i say i turn $25 to $500 got people believe or not seasoned traders can do that... even higher you just need to see to believe it It's DOable and possible This post has been edited by poks: Sep 25 2015, 12:09 PM |
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Sep 25 2015, 12:17 PM
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QUOTE(KeroroQ @ Sep 25 2015, 11:25 AM) No right or wrong actually, turning USD100 to USD1000 is not complicated, yes... it just a matter of time...just max out the leverage n lot size... n pray hard...lol... seasoned traders can do that... even higher you just need to see to believe it It's DOable and possible |
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Sep 25 2015, 12:42 PM
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1,299 posts Joined: Nov 2010 |
QUOTE(poks @ Sep 25 2015, 12:07 PM) 25 gradually to 500.. no issue... bcos anytime u can sacrify $25....$500 burst in minutes oso ok..but u try burst $25000 in 5 min and see...?? That y in fund management.. thebigger amount like 5 million doesnt play in such risk... |
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Sep 25 2015, 12:43 PM
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Sep 25 2015, 12:44 PM
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QUOTE(dembaba9000 @ Sep 25 2015, 11:57 AM) I wont deny, but how long does it take to make 1000% growth will be my concern? Yes, how long, depends the risk you are taking, I use a 1% risk for 1-3% reward modelCoz judging by ur logic, USD 100 to USD 1,000 is doable & not complicated, USD 1,000 to USD 10,000 is also possible & not complicated, very soon this trader will make billions. and I take 5-8 trades per week, 80% winners. If you are thinking of turning 100 to 1000 in a one week that is insane, but having a proven successful trading plan it is doable in 4-6 months for my own risk appetite. As the higher amount you go, the stress level you get will be different, most traders don't follow the plan or stay undisciplined half way that's why they fail QUOTE(poks @ Sep 25 2015, 12:07 PM) I believe but $10000 to $100000 abit more complicated, level of stress differs |
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Sep 25 2015, 12:48 PM
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2,114 posts Joined: Sep 2005 From: East |
QUOTE(dembaba9000 @ Sep 25 2015, 11:57 AM) I wont deny, but how long does it take to make 1000% growth will be my concern? its complicated than u think...Coz judging by ur logic, USD 100 to USD 1,000 is doable & not complicated, USD 1,000 to USD 10,000 is also possible & not complicated, very soon this trader will make billions. there r traders who can easily multiply few hundred usd equity to thousand or thousand to 5 digit. once, manage a 50k to 6 digit, it will involve tht level psychology and higher plane emotion lol |
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Sep 25 2015, 12:49 PM
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1,567 posts Joined: Nov 2005 From: Ppg, Sbh. |
LOL ....
that's why a lot of scam happen cos a lot of people can actually turn $25 to $1000 etc in a short period of time. but they never know how long it takes to learn to turn small money to big money human nature .... QUOTE(KeroroQ @ Sep 25 2015, 12:44 PM) have to take time on this part... managing $1000 and $10,000 is a lot of difference ... from lot size to trading psychology... win ok la... lost sure stress that's why i prefer 5K to 10K lot only... stress free lol This post has been edited by poks: Sep 25 2015, 12:52 PM |
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Sep 25 2015, 12:52 PM
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QUOTE(poks @ Sep 25 2015, 12:49 PM) LOL .... Agreed that's why a lot of scam happen cos a lot of people can actually turn $25 to $1000 etc in a short period of time. but they never know how long it takes to learn to turn small money to big money human nature .... Risking 100% of equity to make 100% lmao, trade like this one day gonna butt hurt if one trade goes wrong QUOTE(wayfeel @ Sep 25 2015, 12:48 PM) its complicated than u think... yeah, but as long we follow the trading plan, just takes time for us to adjust there r traders who can easily multiply few hundred usd equity to thousand or thousand to 5 digit. once, manage a 50k to 6 digit, it will involve tht level psychology and higher plane emotion lol |
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Sep 25 2015, 12:54 PM
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1,567 posts Joined: Nov 2005 From: Ppg, Sbh. |
@9kingsir
usdcad... holding throughout the day? i'm pretty sure you short this guy... looking at 1.3289 can break or not.. QUOTE(9kingsir @ Sep 25 2015, 12:42 PM) 25 gradually to 500.. no issue... bcos anytime u can sacrify $25....$500 burst in minutes oso ok.. i can only say that managing your own money and managing pooled fund are of different level..but u try burst $25000 in 5 min and see...?? That y in fund management.. thebigger amount like 5 million doesnt play in such risk... you can stand to loosing your own money but pooled fund is a different matters as you are answerable. but still.... managing bigger amount meaning bigger lots trading thus need proper plans.. that's why i always ask fund manager.. "how long have you been trading?" This post has been edited by poks: Sep 25 2015, 01:05 PM |
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Sep 25 2015, 01:01 PM
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747 posts Joined: Aug 2010 From: KL |
CADJPY looking for sell anyone? let's wait,
don't reli like holding trade through the week |
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Sep 25 2015, 01:02 PM
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1,299 posts Joined: Nov 2010 |
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Sep 25 2015, 01:04 PM
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Sep 25 2015, 01:06 PM
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1,567 posts Joined: Nov 2005 From: Ppg, Sbh. |
so fast ahhh???
looking at 1D tf.... i'm still 50/50 on holding.. might see till london open... |
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Sep 25 2015, 01:07 PM
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QUOTE(KeroroQ @ Sep 25 2015, 12:44 PM) Yes, how long, depends the risk you are taking, I use a 1% risk for 1-3% reward model but still that's gonna have you 100% gain per month. Dunno leh I don't have a heart for that, nor discipline haha. I aim 10-20% per month only.and I take 5-8 trades per week, 80% winners. If you are thinking of turning 100 to 1000 in a one week that is insane, but having a proven successful trading plan it is doable in 4-6 months for my own risk appetite. As the higher amount you go, the stress level you get will be different, most traders don't follow the plan or stay undisciplined half way that's why they fail I believe but $10000 to $100000 abit more complicated, level of stress differs |
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Sep 25 2015, 01:08 PM
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Sep 25 2015, 01:10 PM
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1,567 posts Joined: Nov 2005 From: Ppg, Sbh. |
holding 3 positions now...
GU good for long also ... audusd also... This post has been edited by poks: Sep 25 2015, 01:13 PM |
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